s 50
In forceRegistering authority to register or record transfer or other dealing
Part 3Transfer of Trade Office’s business to TIQ
Division 4Miscellaneous
50 Registering authority to register or record transfer or other dealing
(1)
A registering authority must, on written application by TIQ, register or record in the appropriate way the transfer of, or another dealing affecting, an asset, liability or instrument under the Act to TIQ.
(2)
TIQ must comply with any relevant procedures required by the registering authority for the purpose of registering or recording the transfer.
Example—
The registering authority may require TIQ to complete and submit a particular form.
(3)
In this section—
registering authority means the registrar of titles or another entity required or authorised by law to register or record transactions affecting assets, liabilities or instruments.
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